U.S. States and Territories by GDP: A 2026 Update

The economic landscape of the United States continues to evolve, with significant variations in gross domestic product (GDP) among states and territories. This article provides a current overview of the GDP figures for each U.S. State and the District of Columbia, based on data from the U.S. Bureau of Economic Analysis (BEA) as of February 20, 2026. GDP by state is defined as the sum of value added from all industries within the state.

National GDP Overview

In calendar year 2024, the United States’ Nominal GDP at Current Prices totaled $29.184 trillion, a rise from $27.720 trillion in 2023. This growth reflects the overall economic activity across the nation, though the distribution of this wealth varies considerably by region.

States with the Highest GDPs (2024)

The states leading in economic output are:

• California: $4.103 trillion
• Texas: $2.709 trillion
• New York: $2.297 trillion

States with the Lowest GDPs (2024)

Conversely, the states with the smallest GDPs are:

• Vermont: $45.7 billion
• Wyoming: $53.0 billion
• Alaska: $69.9 billion

GDP Per Capita (2024)

While total GDP provides a picture of overall economic size, GDP per capita offers insight into the economic well-being of individual residents. In 2024, the states with the highest GDP per capita were:

• New York: $117,332
• Massachusetts: $110,561
• Washington: $108,468

The states with the lowest GDP per capita were:

• Mississippi: $53,061
• Arkansas: $60,276
• West Virginia: $60,783

Notably, the District of Columbia recorded a significantly higher GDP per capita than any U.S. State, reaching $263,220 in 2024.

State Abbreviations

For clarity and consistency, here’s a quick reference for state abbreviations:

• Alabama: AL
• Alaska: AK
• Arizona: AZ
• Arkansas: AR
• California: CA
• Colorado: CO
• Connecticut: CT
• Delaware: DE
• Florida: FL
• Georgia: GA
• Hawaii: HI
• Idaho: ID
• Illinois: IL
• Indiana: IN
• Iowa: IA
• Kansas: KS
• Kentucky: KY
• Louisiana: LA
• Maine: ME
• Maryland: MD
• Massachusetts: MA
• Michigan: MI
• Minnesota: MN
• Mississippi: MS
• Missouri: MO
• Montana: MT
• Nebraska: NE
• Nevada: NV
• New Hampshire: NH
• New Jersey: NJ
• New Mexico: NM
• New York: NY
• North Carolina: NC
• North Dakota: ND
• Ohio: OH
• Oklahoma: OK
• Oregon: OR
• Pennsylvania: PA
• Rhode Island: RI
• South Carolina: SC
• South Dakota: SD
• Tennessee: TN
• Texas: TX
• Utah: UT
• Vermont: VT
• Virginia: VA
• Washington: WA
• West Virginia: WV
• Wisconsin: WI
• Wyoming: WY

Looking Ahead

These GDP figures provide a snapshot of the U.S. Economy in 2024. Continued monitoring of these metrics will be crucial for understanding economic trends and informing policy decisions in the years to arrive. The BEA will continue to release updated data, offering a more detailed picture of economic performance across the nation.